Progress Series 1227 Plan, Huntland EstatesNew HopeAL35760
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Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in New Hope at Progress Series 1227 Plan, Huntland Estates, New Hope, AL, 35760 priced at $245,900 pairs $2,394/mo rent with $1,006/mo cash flow after a $1,204/mo payment. Total monthly income equals $2,394/mo, and annual cash flow comes to $12,067/yr on $81,516 invested. Return on cash invested is 34.71% in year one, and rental yield stands at 11.68% on a $245,900 basis. Equity gained on principal adds $1,587/yr, and 5% annual appreciation accumulates to $67,938 by year five. Five-year ROI measures 181.53% and total cumulative return in cash reaches $147,979. For financing, Ziffy Mortgage’s DSCR program evaluates $2,394/mo property income against a $1,204/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35760, New Hope, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,374 (100%) |
| Owner Occupied HU | 1,678 (70.7%) |
| Renter Occupied HU | 522 (22.0%) |
| Vacant Housing Units | 174 ( 7.3%) |
| Median Home Value | $307,667 |
| Average Home Value | $420,265 |
Housing Distribution
Address Breakdown
Residential
2,194
Single Family
2,194
Multi-Family
0
Businesses
103
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